PPP Loan information for Richland development llc

$231,400

Richland development llc was initially approved for PPP Loan of amount $231,400, the current approved amount is $231,400. The loan was approved on 02/19/2021 by The Bank of America, National Association reported 80 jobs and $231,400 was used to fund payroll.

Richland development llc is Existing or more than 2 years old

RICHLAND DEVELOPMENT LLC

Date Approved

02/19/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

RICHLAND DEVELOPMENT LLC

Borrower Address

11206 Albermyrtle Rd

Borrower City

Potomac

Borrower State

MD

Borrower Zip

20854-1448

Loan Status Date

11/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

231400.00

Current Approval Amount

231400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Potomac

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20854-1448

CD

MD-08

Jobs Reported

80

NAICS Code

713910

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

231396.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

235096.06

Forgiveness Date

09/29/2022

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